Wednesday, May 20, 2009
3:45 PM
Ryan, Gregg urge Obama to tackle Meidcare
U.S. Rep. Paul Ryan, R-Janesville, has once again joined forces with U.S. Sen. Judd Gregg, R-N.H., this time to urge President Barack Obama to address the financial sustainability of Medicare.
In a letter sent to the president that was dated Tuesday, Ryan and Gregg expressed their disappointment that action has yet to be taken to tackle the problem. Ryan and Gregg are the ranking Republicans on the House and Senate budget committees, respectively, and often collaborate on fiscal issues.
"Our nation's fiscal situation is dire. Medicare is already cashing in securities from its trust fund to pay benefits and the program will go broke in 2017, just eight years away," Gregg and Ryan wrote in a May 19 letter to Obama. "We are writing to express disappointment that the administration has chosen not to send a legislative proposal to Congress to address the Medicare funding warning that was declared ... and to encourage your support for common sense solutions we have developed to address this issue."
Read the letter.
By David Drucker
-David M. Drucker
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